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New Member
posted Jun 3, 2019 1:33:54 PM

Can I deduct home equity loan interest paid if the loan was taken out in a divorce settlement? The loan was used to pay my ex a portion of home value.

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1 Best answer
New Member
Jun 3, 2019 1:33:55 PM

Yes, because that would be taken out to "buy" your home. Any interest used to buy, build, or improve your home is deductible.

1 Replies
New Member
Jun 3, 2019 1:33:55 PM

Yes, because that would be taken out to "buy" your home. Any interest used to buy, build, or improve your home is deductible.